Tuesday, December 31; BTC bearish team controls the main theme, bulls struggle to make progress

Bitcoin continues to decline, with a low of 91,900 providing support; the current trend is completely in line with Xiangning's expectations; yesterday we directly shorted at 93,900 looking for 92,000!

This week, under pressure, the price has started to decline from the 95,000 level, continuing the downward trend. Therefore, the second wave of the ABC adjustment has been completed, and we are likely to enter the main decline of the third wave. According to Xiangning's expectations, Bitcoin is expected to test the 90,000 mark again soon, and the bears have successfully taken control of the situation, maintaining a bearish outlook in operations.

Today, we can short in batches at 93,000-93,500-94,000, looking for 92,000-91,000.